Imports fell by 11% last year China increased its steel exports by 7.5% year-on-year in 2025 to a record 119.02 million tons, according to the China Iron and Steel Association (CISA), citing customs data. In December, Chinese metallurgists exported 11.3 million tons of steel, which is 13.2% more than in the previous month. The average price of these exports was 679.7/ton (-2.3% month-on-month). Steel imports to the country in January-December 2025 amounted to 6.06 million tons, down 11.1% year-on-year. In December, the figure was 517 thousand tons (+4.2% month-on-month). The average price of these imports was $1,810.3/t (+11% month-on-month). At the same time, China increased its ore imports by 1.8% year-on-year last year to 1.26 billion tons. These volumes have been growing for the third year in a row. In December, the figure was 119.64 million tons, w...

The Ministry of Trade has published preliminary rates for producers from Algeria, Egypt, and Vietnam The US has set preliminary countervailing duties (CVD) for rebar producers from Algeria, Egypt, and Vietnam—the three largest suppliers of this product to the country before the tariffs were introduced in March 2025. This was reported by Argus Media. The US Department of Commerce has confirmed the following countervailing duty rates (for all steel producers from the countries listed) Vietnam – 1.08%, Egypt – 29.51%, Algeria – 72.94%. Compensation and anti-dumping investigations into rebar from these three countries, as well as Bulgaria, were launched in June last year by the US Department of Commerce and the International Trade Administration (ITA). The review period is 2024. Egypt was the largest source of import...

Regulatory restrictions should curb excess capacity, but the effect on global prices remains uncertain China will continue to strictly regulate steel production and prohibit the emergence of illegal new capacities in the period 2026-2030. The decision was confirmed as part of the preparation of the Five-Year Development Plan for the industry, Reuters reports. The restrictions, first introduced in 2021 to reduce CO2 emissions, were also a response to the prolonged decline in domestic demand caused by the crisis in the real estate market and chronic oversupply. In the first 11 months of 2025, steel production in China fell by 4% year-on-year, and the annual figure is estimated to fall below 1 billion tons for the first time in six years. The National Development and Reform Commission (NDRC) emphasizes that the raw materials industry, including steelmaking, is fac...